The information included here comes from various sources, including, The Federal Department of Housing and Urban Development (HUD) and State of NJ Housing and Mortgage Finance Agency (NJHMFA).

When looking to buy a home, in many cases, you are also looking to buy a mortgage; two separate processes but needing the same level of buyer scrutiny. Shop around and obtain information and quotes from several sources. Home loans, mortgages, are available from several types of lenders, like savings and loans, commercial banks, mortgage banks and credit unions. Different lenders may quote you different prices. In addition you may encounter a Mortgage Broker, an individual or firm that doesn't actually lend the money, but instead finds a lender for you. Mortgage Brokers may not be obligated to find you the best rate unless you have contracted with them to act as your agent.